Salesforce reports a strong revenue outlook for the current period, exceeding analyst estimates, driven by increased adoption of its AI tools like Agentforce, which has secured over 9,500 paid deals. The company's revenue is expected to be between $11.1 billion and $11.2 billion, with growth partly fueled by its recent $8 billion acquisition of Informatica. Despite some challenges in customer adoption and competition, Salesforce remains optimistic about the future impact of its AI products.
Salesforce reported strong quarterly earnings with $10.3 billion in revenue, driven by AI momentum, and raised its full-year forecast, boosting its stock by 5% in after-hours trading despite a 29% decline in 2025. The company highlighted growth in subscription revenue, a robust pipeline of future revenue, and the success of its AI offerings like Agentforce, aiming for $60 billion in annual revenue by 2030.
Salesforce's Q3 earnings exceeded expectations with higher profits and improved operating margins, leading to a nearly 5% after-hours stock increase. Despite a slight revenue miss, strong guidance and increased profitability highlight its shift from rapid growth to value creation. The company is also investing in AI, booking $540 million in annual recurring revenue from AI products, aiming to regain double-digit sales growth.
Salesforce's Q3 earnings exceeded expectations with a 35% profit increase and a 9% revenue rise, boosted by its recent $8 billion acquisition of Informatica. The company raised its revenue guidance for the upcoming quarter and full year, reflecting strong growth prospects, especially in AI products like Agentforce, which surpassed $500 million in annual recurring revenue. Salesforce's stock responded positively, climbing over 5% in extended trading, amid ongoing strategic shifts and market expansion.
Salesforce CEO Marc Benioff apologized for suggesting that the National Guard should be sent to San Francisco amid political tensions and backlash, amid broader discussions of military deployment in US cities by the Trump administration. The controversy impacted the Dreamforce conference and drew criticism from political figures, highlighting the intersection of corporate influence and political issues.
Salesforce CEO Marc Benioff has retracted his praise for Donald Trump following widespread criticism, reflecting the company's response to public backlash. The article also promotes various subscription offers for the Financial Times.
Salesforce CEO Marc Benioff apologized after controversial comments about deploying the National Guard in San Francisco, which led to backlash from investors and local leaders, including Ron Conway and city officials, amid ongoing discussions about crime and city safety.
Salesforce, led by CEO Marc Benioff, reportedly pitched a contract to ICE to help expand its workforce using AI, amid broader ties to government agencies, raising concerns about its support for immigration enforcement and political stances. Benioff has publicly supported Trump and made controversial comments about the National Guard in San Francisco, but later apologized, highlighting the complex relationship between corporate interests and politics.
Salesforce has proposed using its AI technology to assist ICE in expanding its workforce and enforcement efforts, including aiding in immigration raids and deportations, which has sparked controversy given the company's San Francisco roots and its CEO's public support for Trump.
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Salesforce CEO Marc Benioff is expanding the company's AI-driven platform with Agentforce, which now includes an entry into the IT service management space, traditionally dominated by ServiceNow, aiming to leverage existing customer bases and data integration to compete in a rapidly growing market.
Salesforce's CEO is adjusting the company's AI strategy in response to the emerging threat posed by OpenAI, as part of a broader shift in the tech industry.
Salesforce CEO Marc Benioff is expanding the company's AI-driven platform, Agentforce, into the IT service management (ITSM) market, challenging industry leader ServiceNow. With a focus on integrating AI agents across Salesforce's cloud services, the move aims to capture a share of the growing $13.5 billion ITSM market, potentially generating hundreds of millions in revenue. Benioff emphasizes that Agentforce is central to Salesforce's ecosystem, not a separate entity, and highlights successful deployments at companies like FedEx and Dell. The strategy leverages Salesforce's extensive customer base and data infrastructure to compete in new enterprise territories.
A competitive battle is emerging between Salesforce and ServiceNow in the enterprise software market, focusing on AI and automation. Salesforce is expanding its AI capabilities with new platforms like Agentforce 360, Slack integrations, and partnerships with OpenAI, aiming to reaccelerate growth and position as an AI orchestration layer. Despite stock fluctuations, Salesforce is investing heavily in autonomous AI agents and related tools, intensifying the rivalry with ServiceNow in workflow automation and enterprise AI solutions.
Salesforce reports that its use of AI in customer service has saved approximately $100 million annually, with over 12,000 customers adopting its Agentforce product, leading to significant efficiency improvements and workforce reductions.
